black knight Meaning in Cambridge Business English Dictionary
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Meaning of "black knight" - Business English Dictionary

black knight

noun [C]
 
 
FINANCE a company or person that tries to buy a company whose owners do not want to sell to them: In the case of a hostile takeover, the firm making the bid can be referred to as a 'black knight'. →  See also grey knight , white knight
(Definition of black knight from the Cambridge Business English Dictionary © Cambridge University Press)
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